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News

Economics / Markets

FTSE recovers after global sell-off

The FTSE rose slightly in early trading to 4823.61, up 17.86 points (0.37%), after a late rally on Wall Street.

clock 02 July 2010 •

Investment

Henderson renames Horizon fund following merger

Henderson has merged the New Star European Growth offshore Oeic into the Henderson Horizon Sicav and renamed the vehicle Henderson Horizon European Growth fund.

clock 02 July 2010 •

Economics / Markets

Australia softens mining tax hit

Mining companies received a boost as new Australian prime minister Julia Gillard watered down controversial tax plans.

clock 02 July 2010 •

Economics / Markets

BP eyes assets sale - papers

BP is understood to be negotiating with China National Offshore Oil Corporation (CNOOC) to sell a 60% stake in Pan America.

clock 02 July 2010 •

Your profession

Quotes of the Week:Which country did Soros blame for the Euro crisis?

The eurozone crisis can mostly be blamed on one country, says George Soros. But which is it? It's our quotes of the week...

clock 02 July 2010 •

Mortgages

Mortgage lending could tighten further in Q3

Lenders fear residential lending could be restricted further over the next three months, according to a Bank of England (BoE) report.

clock 01 July 2010 •

Economics / Markets

Markets plunge on poor US economic data

The FTSE 100 has slipped further into the red in late afternoon trading as disappointing US manufacturing and housing data added to growing concerns of stuttering global growth.

clock 01 July 2010 •

Your profession

FSA appoints Lesley Titcomb COO

The FSA has appointed small firms director Lesley Titcomb as acting chief operating officer (COO), effective immediately.

clock 01 July 2010 •

Your profession

Advisers must pay to renew SPS each year

Advisers may have to fork out up to £175 every year to cover the cost of renewing the FSA's proposed Statement of Professional Standing (SPS) certificate.

clock 01 July 2010 •

Regulation

FSCS undecided on Wills & Co sub-class

The FSCS says it has yet to decide which sub-class will bear the potential costs of compensating clients of private client stockbroker Wills & Co, which has been declared in default.

clock 01 July 2010 •
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